DDH
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0.00% 84.0¢ ddh1 limited

Ann: 2022 Annual General Meeting and 1Q23 Update, page-2

  1. DefinedBenefit0
    3,550 Posts.
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    04/11/22
    23:52
    Post #: 64600856
    Revenue is up. Rig utilization is increasing. Increased inventory appears to account for a lot of the net debt. Their clients appear to be well placed. Looks alright to me.

    This sector got belted during the last downturn. Some companies learned from the experience. Some are still carrying a lot of the debt accumulated.

    IMHO DYOR
    DDH Price at posting: 83.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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